Buying healthcare insurance is a confusing venture into categories that don't always make sense to the consumer. We've created a quick breakdown of some of the information that may come in really handy when you’re reviewing your options!​Health Plan CategoriesPlatinum plans cover 90% of the costs and leave the consumer responsible for 10% of the costs. These plans are good for:

Consumers with lots of doctor visits and/or prescriptions.

Higher premium, but lower out-of-pocket costs and deductibles.

Gold plans cover 80% of the costs and leave the consumer responsible for 20% of the costs. These plans are good for:

Consumers with lots of doctor visits and/or prescriptions

Higher premium, but lower out-of-pocket costs and deductibles.

Silver plans cover 70% of the costs and leave the consumer responsible for 30% of the costs. These plans are good for:

Consumers who qualify to save on out-of-pocket costs, based on income and household size.

Infrequent medical services or prescription needs.

​Bronze plans cover 60% of the costs and leave the consumer responsible for 40% of the costs. These plans are good for:

Infrequent medical services or prescription needs.

Where do you fall in this spectrum? Do you know what would best suit your needs? We here at Great Lakes Insurance and Financial Services are here to assist you through the complicated matters of determining what is the best coverage for your family. Contact us today with your questions and concerns.